Eco (Atlantic) Oil & Gas (OTCMKTS:ECAOF) Stock Price Down 5.4% – Should You Sell?

Eco (Atlantic) Oil & Gas Ltd. (OTCMKTS:ECAOF) shares dropped 5.4% on Tuesday . The company traded as low as $0.12 and last traded at $0.13. Approximately 35,200 shares changed hands during mid-day trading, a decline of 15% from the average daily volume of 41,419 shares. The stock had previously closed at $0.14.

Eco (Atlantic) Oil & Gas Stock Down 5.4 %

The stock’s fifty day simple moving average is $0.15 and its two-hundred day simple moving average is $0.15.

About Eco (Atlantic) Oil & Gas

Eco (Atlantic) Oil & Gas Ltd. engages in the identification, acquisition, exploration, and development of the petroleum, natural gas, and shale gas properties in the Republic of Namibia and the Co-Operative Republic of Guyana. The company holds a 15% working interest in the Orinduik block comprising 1,800 square kilometers located in the Suriname Guyana basin; and 17.5% interests in the Canje Block covering an area of 4,800 square kilometers located in Guyana.